A Questionnaire Asks Respondents "To Indicate How Much Weight You

question 2

Multiple Choice

A questionnaire asks respondents "to indicate how much weight you put on quality and how much weight you put on price by dividing 100 points between quality and price." This questionnaire is most likely using the ________ method.

• A) constant sum scale
• B) conjoint analysis
• C) rating scale
• D) rank order

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Definitions:

Constructive Trust

A legal remedy imposed by a court to address unjust enrichment, where a person holding title to property is deemed to do so for the benefit of another.

Implied Trust

An implied trust is created by the law as a presumption based on the intentions or actions of the parties involved, rather than by an explicit agreement.

Express Trust

A trust explicitly created by a settlor, typically in writing, specifying the terms, beneficiaries, and trustees, as opposed to being created by implication or operation of law.

Intestate Succession

The legal process by which property is distributed by law to the heirs of an individual who dies without a valid will.